Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 22.5 points or 0.21 percent. Nifty futures were trading around 10,825-level on the Singaporean Exchange.

The Nifty50 is likely to open flat on Tuesday following mixed trend seen ia n other Asian markets. The index closed 71 points higher at 10,863 on Friday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 22.5 points or 0.21 percent. Nifty futures were trading around 10,825-level on the Singaporean Exchange.

Wall Street’s major indexes fell on Monday, weighed down by a weak US construction spending report and declines in healthcare shares, as an initial rally on optimism over a US-China trade deal faded, said a Reuters report.

Asian shares stepped back on Tuesday after China cut its economic growth target and pledged measures to support the economy amid growing challenges from rising debt and a dispute over trade and technology with the United States, it said.

Jet Airways: An additional four aircraft have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements.

JSW Steel on March 2 said it has inked a 5-year advance payment and supply agreement with Duferco International Trading Holding for $700 million.

The Reserve Bank has imposed a monetary penalty of Rs 2 crore on Dena Bank and Rs 1 crore on IDBI Bank for non-compliance with various directions, regulatory filings said.

Two-wheeler market leader Hero MotoCorp on Friday reported a 1.96 percent decline in total sales at 6,17,215 units in February. The company had sold 6,29,597 units in the same month last year, Hero MotoCorp said in a statement.

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